Six Reasons Why You Should Join A Blockchain-Based Job Platform

Jeff Bezos once famously wrote
that when you embrace external trends, you get a tailwind at your back.
In today’s market, that means if you’re looking for work, any kind of
work, you should spend your next afternoon researching and signing up
for a blockchain-based job platform like LaborX. Why? Because the tailwind is coming.

The grandfather of blockchain-based job platforms is Ethlance,
built on Ethereum’s network and launched in January of 2017. It’s still
kicking, though it looks and functions like a primordial Craigslist. The modern alternative is LaborX,
which recently launched and features its own built-in wallet and
exchange for an all-in-one experience. Aside from LaborX, there’s a host
of projects that are in the beta phase or pre launch, like Job.com, Atlas, Blocklancer.net, and Canya Hire.

It’s
true that traditional job platforms are sizably bigger, with more job
opportunities and features. But there are at least 6 major benefits to
investing your energy into their blockchain-powered disruptors.

First,
it’ll gives your candidacy a coat of sheen. Companies seeking
cutting-edge hires know that if you’re on a blockchain-based job
platform, you’re an early adopter by definition. They’ll assume you’re
proactive, willing to take a risk on an emerging technology, and
disciplined enough to learn the tech. If a company posts the same job on
two platforms: one on Upwork and the other on LaborX, the candidates
from LaborX will have less competition to stand out and will get bonus
points to their charisma score (subtle D&D reference!).

Second,
you’ll gain access to exclusive jobs, especially in the blockchain
industry. It stands to reason that blockchain companies are incentivized
to support a blockchain future, meaning they’ll cut special deals with
the platforms and list openings there first. That’s already happening.
Non-blockchain companies will be lured by their own first-mover
advantages and the negligible listing fees, which we’ll get to next.

Third,
you’ll earn more. Traditional platforms like Upwork and Fiverr charge
hefty fees, ranging from 5% to 20%. Blockchain settlement efficiencies
mean lower fees, partially because the platforms don’t have to deal with
chargebacks or credit card fees. For example, Ethlance charges 0% and
LaborX, a whopping 1%. If you’re like most people, a few hundred dollars
a month can be the difference between a fully funded retirement fund
and living paycheck-to-paycheck.

Fourth,
your work will speak for itself. The bane of joining a job platform is
having to spend more time hawking your skills than actually helping your
client. That’s because your competition cheats. A competitor with a
poor review history deletes their account and starts fresh while another
has a dozen friends “hire” them with good ratings. Everyone
misrepresents their work history (85% lie on their resume).
While the blockchain doesn’t completely fix those issues, it has the
potential to mitigate them down the line, because of increased
transparency and an immutable ledger. For example, LaborX is developing
an immutable reputation score that combines your identity, work history,
and a dozen other data points.

Fifth,
you’ll get paid on time, every time. Smart contracts enable instant,
automatic payments. That’s a big deal because if you’ve ever been hired
for freelance work, you’ve had clients who paid you less than you
negotiated upfront. Or clients who delayed payment until their
accounting department “got around to it.” Or clients who decided not to
pay you at all. According to The Freelancer’s Union, a whopping 80% of
freelancers have been stiffed at one point or another in their career.
Without credit card fees or transfer delays, the blockchain also enables
real-time micro-payments. Imagine crypto hitting your wallet every hour
rather than having to wait until a project’s completion to get paid.
LaborX is working on this: we call it “continuous payments.”

We mentioned the sixth
reason in the opening paragraph: you’ll get a tailwind. When
blockchain-based job platforms become the new normal, and you’re among
their first members, you’ll find yourself deluged with opportunity.
You’ll have the longest work history, the most experience with the
platform’s ins-and-outs, and likely a position as a featured member. And
it’s all because you took a few hours to sign up early.

Don’t
fret if you’re not a blockchain programmer or have no interest in
joining a blockchain startup. Blockchain-based job platforms support all
kinds of professions, like writing or design, in all kinds of
industries, like publishing or advertising. Don’t want to get paid in
crypto? That’s okay, you can convert your earnings the moment you
receive them to your currency of choice.

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